How to use certified e-mail in debt collection

GFI ( certified electronic mail ) has now become an indispensable work tool for lawyers and for all professionals working in the credit management sector. The computerization of the public administration has introduced new telematics services which can only be accessed through a certified e-mail address.

In the field of debt collection, the GFI represents a precious resource that is used for credit management and collection; in addition to being used by lawyers for filing judicial documents in the electronic civil trial, the GFI can also be used by recovery companies to obtain very important advantages.

Here are the 4 most useful and productive methods to use GFI in debt collection

YOU CAN SEND A PAYMENT NOTICE

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Thanks to the GFI you can send a payment notice to the debtor without having to use the postal service. If you have a GFI you can request the payment of the debt through a certified e-mail message. If, on the other hand, you want to notify the formal notice in a more solemn form, you can take advantage of the GFI of your lawyer.

In fact, according to the provisions of the law (Decree Law no. 90/2014, converted with law no. 114/2014), the lawyer can make the notification “on his own”, using his certified e-mail address.

In the event that the debtor is a company or an individual company, you can request the payment of the debt by sending a GFI to the email address visible on the “REGINDE”, or the General Register of Electronic Addresses .

There is also another useful tool for knowing the GFI address of a company or professional: this is the ” INIGFI ” website created by the Ministry of Economic Development. By entering the company VAT number or the professional’s tax code, the system will be able to find the corresponding GFI address.

Otherwise, if the debtor is a natural person, you will not be able to use certified e-mail; in this case you will have to send a warning via the postal service (natural persons are not obliged to have a certified email address)

YOU CAN RECEIVE THE DECLARATION OF QUANTITY OR PLEASE SEND IT TO THE THIRD PARTY

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In case you have promoted an attachment to third parties, you will need the third party declaration to obtain the allocation of the sums. With the quantity declaration, the third party officially informs the creditor if there are debtor claims that can be attached.

However, it often happens that the third party does not send the quantity declaration to the creditor in a timely manner, forcing the latter to delay the registration of the deed of attachment until the last few days (the law provides for very stringent deadlines for the registration in the attachment role).

In these cases I advise you to use the GFI to urge the third party to make the declaration; if you use this tool in the correct way, the ” reminder ” GFI will have extraordinary efficacy since it will greatly increase the chances of receiving the declaration within the term established by law to register the attachment.

YOU CAN REQUEST INFORMATION FOR PENDING REAL ESTATE EXECUTIONS 

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Legal consultants in the NPL ( impaired loans ) sector are well aware that before constituting pending property judgments it is very important to acquire information on the procedure in advance. If you try to recover your credit through the constitution in an already pending real estate judgment, it will be convenient for you to know in advance the amount of credits of the parts already constituted.

Thanks to the consultation of the “PST”, that is the portal of the telematic services of the Ministry of Justice , you will be able to acquire partial information; however with the use of the GFI, you can request clarifications from the lawyers of the already established creditors or from the professional delegated to the sale.

If you use convincing text and present yourself in the right way, you could acquire a lot of valuable information; you will be able to discover the entire course of the judgment and in some cases you will be able to know even the latest listing of the real estate.

YOU CAN FINALIZE THE CONCLUSION OF AN EXTRAJUDICIAL NEGOTIATION 

The GFI can also be used to conclude an extrajudicial negotiation with the counterpart by avoiding to send the transaction deed materially. After reaching the agreement, the parties will be able to use the GFI to exchange the signed deed mutually and settle the dispute out of court.

After receiving the transaction by GFI, you must keep the “acceptance” and “delivery” receipts to keep the proof of completion of the agreement; also in this way you can demonstrate the certain date on which the transaction ended.

In fact, the “acceptance” and “delivery” receipts are automatic messages which are sent directly by the certified e-mail system and cannot be altered; inside each receipt, there is a serial code (expressed in letters and numbers generated by the system) which constitutes proof of message notification.

Need a loan simulation? Discover the best tool of 2020!

 

A personal loan can sometimes be the solution if you are temporarily in financially troubled waters. Are you dealing with a financial setback? Is an urgent financial push needed to realize a dream project? Or should a financial gap be filled in the short term? There are many logical reasons for applying for a personal loan. With a loan simulation you are quickly and well informed about how the financial picture will look for you when taking out a loan. At Across Lender we help you with our free personal loan simulation tool to immediately know where you stand.

Online simulation of your loan

Online simulation of your loan

With this online loan simulation, you will know after a few clicks whether, how and under what conditions you can apply for a personal loan. Personal loans are usually not complicated, but there are always a number of aspects to consider. Think of your current financial situation, the term of a loan and the amount of the loan. Another factor is whether you want to borrow an orderly amount at once or if you want to have financial support for a longer period of time. Don’t want to borrow from a bank? The online simulation tool includes a wide choice of good online only providers. All things that Across Lender took into account during the development of the free loan simulation tool. After completing the online simulation loan, you are able to apply for a personal loan much faster, smarter and better informed. You then have a good idea of ​​which of the best loan providers at the moment best suits your financial profile.

Check out the free loan simulation tool

Check out the free loan simulation tool

You want to think carefully about applying for a loan. You want to gain as much benefit as possible against the least possible financial risks and unfavorable conditions. How much can I borrow? Can I see the costs? How long does such a loan run? What are the conditions? Which personal loan providers are best known and proven to be the most reliable? You want to be aware not only of the financial benefits, but also of the risks and financial feasibility of your personal loan.

So check out our free and practical tool: the Online Loan Simulator. The personal loan simulation immediately shows an up-to-date overview of all interesting, relevant providers of personal loans. With the loan simulation you easily get a good and thorough picture of the benefits, costs and conditions of various personal loans. Do you want to know where you can apply for the best loans at the moment? All providers are certified and the top providers when it comes to costs, speed, conditions and reliability.

Do you want to know where to apply for the best loan that suits your current financial situation and needs? Across Lender is happy to help you. Click here directly through our easy, free tool Online Loan Simulator.

Looking for a loan? Do a credit simulation first!

 

Of course you prefer not to do it, but sometimes you cannot escape it: taking out a loan. The whole principle of borrowing money has taken on a rather negative name over time, and that is partly justified. The problem of borrowing money is called interest. You have to pay interest on a borrowed amount and that is right. Why else would someone else who is not a family or friend want to lend you money? He or she should still have something left over. However, the problem arises when you partner with a lender who isn’t trustworthy and offer you a contract full of legal gibberish, fine print and terms that you don’t understand most of.

Use this free simulator (tip!)

Use this free simulator (tip!)

In principle, you can always take out a loan. The only reason why this is not possible is if you are registered as a defaulter with the BKR, the Bureau for Credit Registration. This is to protect people who are unable to pay off their debts. In addition, you must be able to convince the lender that you are able to repay the money. For amounts up to a thousand or fifteen hundred dollars, this is usually not such a point, but it is certainly above that. Would you like to know if you are eligible for a loan and how much you can borrow? Click here to go to the online credit simulation:

Find out how much you borrow best

Find out how much you borrow best

To prevent this, it is important that you always do a credit simulation first. Here you simply enter a number of things, such as the amount to be borrowed and your income. The simulator then uses your data to see how much you can borrow. Moreover, it is often also possible to see which lender applies which interest rates. This way you can save yourself a lot of money. Especially on large amounts. An interest rate is always a percentage of the loan amount. For example, if you borrow 10,000 dollars at an interest rate of three percent, you must pay 300 dollars in interest. The higher the amount becomes, the more the interest and the more important the percentage.

Comparing pays off

Comparing pays off

If there is one type of loan where the smallest differences in interest already make a huge difference, it is a mortgage. This involves huge amounts of money needed to buy a house. The average price is usually between two and two and a half tons. You will also have to pay interest on this amount to the bank. Except because the bank wants to make money, there is an extra reason in this case. Because it is such a huge amount, the bank also calculates the risk percentage that you are unable to repay the money. If that risk is small, you can borrow more than if the risk is high. For example if you have a permanent contract instead of a temporary contract. A simulation of your credit is of course mandatory with a mortgage and quite complicated.

Borrow smaller amounts

Borrow smaller amounts

This is less important for smaller loans. Moreover, you do not necessarily have to knock on the door of a bank. There are also lenders where you can borrow smaller amounts, but often at a higher interest rate. In addition, you can also buy installment products at many shops and businesses. For example if you buy a car, or a refrigerator or washing machine. Keep in mind that you are able to pay the monthly repayment. If this is not possible, you will have to cut costs elsewhere, otherwise you will get into financial difficulties. Finally, nowadays you can also easily take out a loan online, just from your computer.

How to calculate the debt ratio?

Because taking out a home loan or car loan involves your finances over a long period, it is important that your debt ratio is below 33%. Banks consider that a higher level of debt poses a significant risk for them of default. And for you, a risk of debt, even over-indebtedness. So how do you calculate your credit debt ratio? Explanations.

Why calculate a credit debt ratio?

Why calculate a credit debt ratio?

The notion of debt is essential when you plan to apply for a loan from a bank. Why? Quite simply because it allows the latter to assess the feasibility of your project by verifying that this loan will not lead you into a financially dangerous situation, even a situation of over-indebtedness. This calculation makes it possible to determine the total amount that it will be possible for you to contract in debts, but not only: in fact, the debt ratio also affects the interest rate on the credit.

Note that knowing how to calculate your mortgage loan debt rate, your consumer credit debt rate, or even your car loan debt rate, also has the advantage of having a precise overview of the reliability of your project. In addition, when you go to your bank advisor to apply for your credit, you will approach this interview much more calmly, since you will know in advance what you can claim.

But let’s go back: what is the debt ratio? It is simply the ratio between all of your expenses and all of your net fixed income, in other words the amount of expenses divided by that of income. This calculation measures the proportion occupied by the costs of a borrower in his budget. The debt ratio expressing the share of income devoted to loan repayments.

Depending on the results of this calculation, the authorized debt ratio can thus be increased or decreased. In the event that you have comfortable income, in other words with a high ” living income”, the bank will easily accept a debt ratio of over 33%, even going up to 35% or more. If you have more modest or irregular income, it will be difficult for you to obtain a loan representing more than 30% of debt. For households in difficulty it may even be necessary to count on the granting of a credit with a debt ratio of less than 25%!

Choose an acceptable debt ratio

Choose an acceptable debt ratio

Is there a threshold not to cross? Yes! There is no legal rule fixing the maximum debt ratio, that is to say the share of your income spent on repaying your loan. However, for a mortgage or a car loan, it is strongly recommended, as we have already mentioned, to limit or even decrease your debt ratio. In general, the banks consider that it is not reasonable to go into debt beyond 33%. Of course, this percentage is not a regulatory rate, however it remains the one most used by banks.

Note that the banks’ analysis of this risk is not based solely on the debt ratio. It is also based on the study of the profile of the borrower and more particularly on his “remainder to live” and his “family quotient”.

Calculate the debt ratio: the rule to know

Calculate the debt ratio: the rule to know

If free debt rate calculators are easily accessible online (you just have to enter your figures and you instantly have the result in percentage) it is just as simple to perform the calculation yourself.

To calculate the amount you could borrow, here is the formula for calculating the debt ratio to know:

1. Add up your fixed income.

The fixed income taken into account to calculate the debt ratio are as follows:

  • Net wages and contractual bonuses or 13th month.
  • Non-salaried professional income received by farmers, traders, artisans and liberal professions.
  • Alimony, retirement pension.

2. Count the charges:

  • rent;
  • credits in progress;
  • loans;
  • pensions.

3. Multiply the amount of expenses by 100, then divide the total by the amount of income. There you have your debt ratio.

To keep in mind: Debt ratio = amount of loan (s) × 100 ÷ net income

In most cases if the difference exceeds 33%, the credit organizations consider that this jeopardizes the financial balance of your budget and that your ability to repay will be uncertain. For many households, this leads to over-indebtedness.

Online simulation: if you choose to perform your calculation using an online simulator, you will need to enter your regular income and that of your spouse (wages, perceived rents, alimony, retirement pensions, allowances, aids social security) as well as your expenses (consumer credit in progress, pensions paid).

Calculate your monthly repayment capacity

Calculate your monthly repayment capacity

What is your monthly repayment capacity? This is the maximum amount of the monthly payment that you can repay. It includes the loaned capital to be repaid, bank interest and the cost of borrower insurance (compulsory). If you apply a maximum rate of 33% of debt, here is how to calculate your repayment capacity: add your net income and multiply it by 33% then remove your current borrowing costs (sum of the monthly payments of the loans and the proposed loan).

To remember: repayment capacity = (net income × 33%) – (current borrowing charge)

The debt ratio: an essential indicator

The debt ratio: an essential indicator

In summary, the debt ratio is an essential indicator for knowing your borrowing possibilities. The calculation of your debt ratio by the bank (or by yourself!) Is none other than the calculation of your borrowing capacity to ensure that you will be able to repay your credit, only it is a mortgage, a car loan or a consumer loan.

Online mortgage loan rate calculation

Choosing an online loan calculation system is undoubtedly one of the priorities for anyone who needs credit. In our article you will find out how to perform Government Agency online mortgage payment calculation in a few simple steps without having to enter any login credentials.

How to perform the online calculation of the mortgage

How to perform the online calculation of the mortgage

The Government Agency mortgage installment calculation we will discuss is the official one provided by the Institute website. To find this service, simply reach the main page of the portal and then locate the “All services” link. Clicking on this item will open a page that collects the various services presented by the social security institution.

In the “theme” filter, the “Mortgages” option will be selected and the portal features relevant to these credit lines will appear. Scrolling through the services you will have to identify the one relating to the simulation of the mortgage loan amortization plan.

Clicking on this element will open the section of the Social Institute site relevant to the simulation. The user will have to press on the link ” Proceed with the simulation ” to obtain personalized refund plans.

Online first home mortgage simulation

Online first home mortgage simulation

The simulation involves the insertion of the type of rate, the value of the house, the sum covered by the credit line and the duration of the repayment plan. By clicking on the “Calculate” button, the site will offer a detailed picture of the depreciation plan.

The rate, the various installments, the relative deadlines, the incidence of the interest and the capital portion will be reported.

In addition to the Government Agency mortgage installment calculation, we also have, in this same section of the Social Institute website (just use the menu on the left), the simulation of early repayment.

Purchase of the first mortgage home Social Institute ex Government Agency

Purchase of the first mortgage home Social Institute ex Government Agency

The Government Agency Social Institute mortgage is a solution designed especially for needs related to the first home. In the event of construction or purchase, up to 300 thousand USD are provided while for the renovation and other works up to 150 thousand USD are available, in compliance with the limit of 40% of the value of the home.

As for the repayment term, it starts from a minimum threshold of 10 up to a maximum limit of 30 years. There are two rate options, fixed or variable. The fixed rate is calculated with respect to the loan to value (LTV) system while the variable rate corresponds to the 6-month Euribor plus a spread of 2%.

The target audience for this loan is represented by employees and pensioners enrolled in the unitary management of credit and social benefits.

Borrow money fast? Use our Online Loan Simulator!

Broken dishwashers, washing machines that don’t work anymore and other household appliances that simply cut them: it all seems to happen just when it doesn’t work out at all. When you’re actually short on cash – for example. In such a case it is easy if you can take out a small loan quickly and without too much administrative hassle. Read on for more information!

Borrow money quickly on account

Borrow money quickly on account

Borrow money quickly. It generally sounds like something risky and something that you think twice about before you actually start trading. Admittedly – the decision to borrow money quickly without a fuss is indeed not overnight, even with a so-called mini loan. A mini loan concerns amounts up to a thousand dollars that you can borrow for, for example, purchasing new household items. Such a mini loan differs in several ways from a traditional loan in which you borrow thousands of dollars. The character is faster: it requires little administration and you have the amount you want in your bank account relatively quickly. After all, it is the intention that your devices will function as before in the foreseeable future.

Borrow money quickly

Borrow money quickly

Borrow money quickly without paperwork? Then you can borrow money quickly and easily from multiple lenders. In contrast to large loans, this is not done using forms that are difficult to complete, but simply online. For fast money borrowing online, it is good to know that even borrowing smaller amounts cannot be entirely without paperwork. You do have to deal with a lender who wants to know a thing or two about you. Often an identity document and proof of income are sufficient to provide a mini loan.

Different types of mini loans

Different types of mini loans

If you qualify for a mini loan, you can choose from different variants. An example of such a mini loan is a loan through a so-called municipal credit bank. With this form of borrowing money it is even possible to get an amount without having any actual income, although there are a number of snags in this aspect. For example, your income may not exceed 130% of the Belgian minimum wage in the relevant year. A second option is a loan we call ‘city bank loan’. You only borrow money after you have paid collateral.

Need quick money?

Need quick money?

An important question to ask yourself for borrowing money quickly and easily is before you start using the money. Taking out a mini loan is not common and although you have probably seen the warning come up several times, it is always important to emphasize that borrowing money also costs money. A valid reason for taking out a mini loan from a lender is, for example, providing an extra buffer in an emergency, such as a boiler that unexpectedly needs to be replaced. Always make sure that your income and expenses are in balance and that the two are structured.

Borrow money quickly without questions

Borrow money quickly without questions

Are you actually looking for a quick loan? Then you will find several lenders online who are happy to be of service to you. That is both an advantage and a disadvantage, because how do you know which provider best suits your personal wishes and preferences? The answer to that question is our Online Loan Simulator. This simulator goes personally for you after which loan suits you best. Click HERE to try it right away:

Immediate loan with approval

The Internet has radically changed daily practice in many areas. This also includes the financial sector. Most of the more than 200 banks approved in Germany today offer their products online. There are also financial service providers based abroad that use German brokers. Again and again you can read the term “instant loan with approval” on various websites.

What is behind this name?

What is behind this name?

The competition in the financial market is tough. Providers try to win new customers with attractive offers. With the statement “instant loan with approval” they promise the quick approval of a loan application and quick payment or transfer of the loan amount. However, this is only partially true.

You can apply for a loan online from many banks and immediately receive a commitment, but this is only preliminary and based on the information provided by the applicant in the online form. In order to keep the risk as low as possible, the bank checks all information. To do this, you have to send in the current proof of income (payroll, salary statement) and a copy of your ID card or passport.

In some cases, a current account statement of the current account is requested, on which the monthly debits can be seen. Sending and processing these documents naturally takes some time. It takes a few working days for the final notification. If the loan is approved, it takes another 2 or 3 working days for the loan amount to reach the reference account. All in all, an instant loan with a commitment also needs at least one week from the application to the payment. if there is a weekend or a holiday in between, it may take a little longer.

It’s worth comparing

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Before deciding on a particular provider, you should carefully read the terms of the loan. Especially for loans with larger amounts and with a longer term, there are price differences of several hundred dollars between the cheapest and the most expensive offer. A good way to determine the cost is to compare the APR. Special payments or early repayment of the loan should also be possible. An instant loan with approval without Credit Bureau is usually not granted faster than one with Credit Bureau.

Since the risk for the lender is higher if information from Credit Bureau is not provided, the conditions for such loans are usually significantly worse, ie they are more expensive. It is best to read other consumers’ opinions about the respective provider. It is enough to enter the name of the company in the search mask of a search engine. In most cases, this leads you to comparison portals on which the various providers are listed.

Sale of the Fifth 2016: the New Loan Rates from January

Sale of the fifth 2016: the news in force since January

Sale of the fifth 2016: the news in force since January

How have the loans changed in 2016? A question that interests many Italians looking for a financing solution. The main changes concern the sale of the fifth year 2016, which saw the entry into force of new rules on rates and the provision of credit to pensioners.

Indeed, the threshold rates relating to the Taeg to be applied to loans on the sale of one fifth of the pension have been updated . On 5 January, Social Institute announced that, following the decree of 21 December 2015, the Ministry of Economy indicated the new global average effective rates (TEGM) which banks and financial intermediaries will have to comply with from 1 January to 31 March. 2016.

But how does this impact on loans to retirees? Before going into detail it is essential to clarify what the loans on the sale of the fifth of the pension are.

Transfer of the fifth to pensioners: what it is and how it works

Transfer of the fifth to pensioners: what it is and how it works

The assignment of the fifth is a particular type of personal loan which provides for the reduction of the monthly installment directly from the applicant’s pension or salary. The interest rate is fixed and the maximum expected duration of the loan is 10 years.

While for workers it is the employer who undertakes to cut the installment from the salary and pay it to the bank or financial provider, for pensioners the repayment of the monthly payments takes place through the social security institution.

As far as guarantees are concerned, a life insurance policy is envisaged to cover the risk of the debtor’s lack of priority. Coverage that the pensioner is obliged to sign in order to be able to access the assignment of the fifth (for employees, insurance against employment risk is also required).

In any case, as the name suggests, the loans on assignment of the fifth 2016 provide for a maximum monthly installment equal to the fifth part of the pension received by the applicant.

Sale of the fifth Social Institute: the new rates in force

Sale of the fifth Social Institute: the new rates in force

But let’s go back to the transfer rates of the fifth 2016 set by the Ministry of Economy for the period from January to March. The new average rates are 12.2% for loans up to 5 thousand USD (usury rate 19.25%) and 10.99% for loans over 5 thousand USD (usury rate 17.74 %).

For pensioners, on the other hand, the threshold rates set for the Taeg vary according to the age of the applicant and the amount paid. In detail, for pensioners up to 59 years of age who apply for loans of up to $ 5 thousand the rate is 9.09%, while for loans with a higher amount the rate is 8.71%.

In the same way for pensioners between 60 and 69 years of age who apply for loans of up to 5 thousand USD the rate is 10.69%, while for loans with amounts over 5 thousand USD the rate is 10, 31%.

Finally, we find pensioners aged between 70 and 79 years , for whom the loan rate of up to $ 5,000 will be 13.29%, while for higher amounts it is 12.91%

All about immediate online credit in 2020.

What is more frustrating than having to wait for credit? Some projects don’t wait! To seize the opportunities available to you, it is sometimes necessary to have a reserve of money available at short notice. Immediate online credit is therefore an ingenious solution. A quick overview of the key concepts to master…

SELECT THE OFFER THAT BEST SUITS YOUR NEEDS

SELECT THE OFFER THAT BEST SUITS YOUR NEEDS

Easy and fast credit offers abound on the internet. It is not always easy to choose from these plethora of offers. Interest rate applied, maximum amount of the loanable amount, scalability of maturities: the criteria to be taken into account are multiple and very often complex. Do not hesitate to use a loan simulator, which will guarantee you make an informed choice adapted to your real needs.

Reducing the time it takes to get a response does not mean that you should consider this type of loan lightly! Your financial stability is at stake. By surrounding yourself with a minimum of precautions, fast online credit will prove to be the ideal solution to give life to your projects. Because life does not wait …

HOW DOES IMMEDIATE ONLINE CREDIT WORK?

HOW DOES IMMEDIATE ONLINE CREDIT WORK?

Getting credit from a bank is sometimes a tedious process. In order to protect yourself against the risk of non-payment, banking establishments will scrutinize your financial situation. These steps to check your creditworthiness have a major drawback: they can drag on over time! To reduce these delays, it may be advisable to move towards immediate online credit. In the category of consumer loans, it allows you to borrow a sum of up to $ 75,000, in 24 to 48 hours in the best case. Once the amount is released, the borrower is free to allocate this amount to projects of his choice. By reducing the time taken to analyze the file, the credit organization is exposed to a possible inability of the borrower to repay the principal remaining due. To compensate for this major risk, financial institutions charge high interest rates! Before applying for a fast online credit, it may therefore be wise to compare the offers. An online broker can help. But you can also prospect independently, using an online credit simulator. This is a very effective method to assess your repayment capacity, and thus protect yourself against the risk of financial asphyxiation.

STEPS TO TAKE TO GET A QUICK LOAN

STEPS TO TAKE TO GET A QUICK LOAN

 

If the credit organizations undertake to provide you with an answer in record time, you will not be freed from any administrative process. As in the case of a conventional loan, you will be asked to provide a certain number of documents necessary for the constitution of the file. A valid ID and proof of address of less than three months will be required, regardless of the financial institution for which you choose. Providing easy and quick credit also requires that you provide proof of your creditworthiness. For this, pay slips are often essential because they can attest to your financial situation. Finally, in order to pay you the coveted sum, the financial institution will require the provision of a RIB. If you are responsive,